New statistics from the Bureau of Infrastructure, Transport and Regional Economics (BITRE) show that there was a 9.6 per cent jump in international passenger traffic during October, primarily driven by a major increase in activity from low cost carriers. Overall, 2.202 million passengers travelled into and out of Australia during the month, and follows a
As expected, preliminary ICAO statistics record that 2009 saw the biggest decline in passenger traffic during the jet age. Compared to 2008, international passenger traffic decreased by 3.9 per cent while domestic travel was down 1.8 per cent, leaving overall passenger traffic down 3.1 per cent as capacity declined by the same amount. All regions
On time performance among Australian domestic carriers was significantly better during November 2009 compared to the same month last year, according to a report recently released by BITRE. For the month, airlines averaged 85.6 per cent on time departures and a cancellation rate of 0.7 per cent across all domestic services, compared with rates of
Qantas has announced that it will deploy the A380 on the Melbourne-Singapore-London route from January 18 shortly after it takes delivery of its sixth of the type. Initially, one to two QF9/10 services per week will be operated by the A380, rising to regular twice weekly services from March 29. From that date, the airline
Tiger Aviation Group, the parent company of Tiger Airways, has lodged documents with Singaporean authorities confirming that it will launch an initial public offering (IPO) to help fund aircraft acquisitions and repay debt. According to various media reports, the company has filed a preliminary prospectus with the Monetary Authority of Singapore which will see part
Qantas has issued guidance that it expects its first half profit for the 2009/2010 financial year to come in between $50 and $150 million, and has announced that it is restoring domestic capacity on a number of routes to meet growing demand. Qantas made the guidance in reporting its November operating statistics to the Australian